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Technology Stocks : America On-Line: will it survive ...?

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To: Alec Epting who wrote (6781)1/10/1998 12:53:00 PM
From: jack rand   of 13594
 
Abelson's Barron's column today talks about Asian exposure
of Yahoo (and AOL, etc.) This is just an excerpt. Full text
at the URL (need WSJ online subscription). What's neat, but
not mentioned, is that apparently AOL was source of the list
of top selling items -- in AOL's press release touting the
strong XMAS online buying. At least the Barron's text tracks
perfectly with it.

"Many of the advertisers online, he observes, which represent
the primary source of profits for companies like Yahoo!, most
evidently do have Asian exposure. Of the top seven product
categories of holiday season online buying, four -- apparel,
food, electronics and toys -- are especially vulnerable. Makers
and purveyors of this stuff either face competition from suddenly
cheaper imports or must cope with shrinking export markets"

interactive.wsj.com
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